

Overview
Ask anything about this home
Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.
About this home
2731 State Road 557 is a 1978-built home in Lake Gum Estates, Lake Alfred. Inside you'll find 4 bedrooms, 3 bathrooms, and 3,269 square feet of living space. Listed at $680,000 (about $208/sqft), 143 days on market. Flood zone X,AE - outside the FEMA high-risk areas, which keeps insurance manageable.
Experience the kind of lakefront living that rarely becomes available — over 150 feet of direct frontage on Lake Gum, more than 1.2 acres of land, a private dock, detached workshop, and breathtaking sunset views all wrapped into one incredible property. From the moment you arrive at 2731 State Road 557, the setting immediately stands out with its expansive lawn, long driveway, mature landscaping, and commanding lake views stretching across the backyard. Designed for both everyday living and entertaining, this custom home offers 4 bedrooms, 3 full bathrooms, multiple living spaces, and a layout that captures the beauty of the lake from throughout the home. The family room is filled with character featuring exposed wood beams, rich brick accents, a wood-burning fireplace, and large sliding glass doors that frame the water beyond. The kitchen offers wood cabinetry, granite countertops, stainless steel appliances, and generous prep and storage space while opening naturally into the main living areas. One of the standout features of the property is the massive screened-in back porch overlooking the lake — an incredible space for entertaining, relaxing, or simply taking in the peaceful waterfront setting and spectacular sunset views that paint the sky across Lake Gum in the evenings. Just beyond the porch sits your private dock with covered seating, creating the ultimate setup for boating, fishing, sunset cruises, or enjoying the true Florida lake lifestyle. The property also includes a large detached garage/workshop that provides endless flexibility for hobbies, storage, lake toys, vehicles, RVs, boats, or even a potential workshop space. The oversized lot offers an incredible amount of usable yard space rarely found on lakefront homes, creating room to spread out and fully enjoy the property. Additional features include a whole-house generator, spacious indoor living areas, a bonus/game room, a 2-car attached garage, and ample parking for guests and recreational vehicles. Conveniently located near Interstate 4, this property offers easy access to both Tampa and Orlando while still maintaining the privacy and tranquility of lakefront living. Properties offering this combination of acreage, true lake frontage, usable outdoor space, private dock, detached workshop, and convenient Central Florida location rarely become available. This is more than just a home — it is a lifestyle property built around space, privacy, and waterfront living.
Request documents
Free. Tap one and our team sends it over.
The essentials
At a glance
Payment
Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
Offer Insights
Choose an offer strength
Sample: 101 closed home sales in 33850 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
Talk through an offer with our teamCalculator
Not sure what you can afford?
Put in your household income and we will tell you where this payment sits.
Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$680,000
$208 per sq ft
Beds and baths
4 beds, 3 baths
Size
3,269 sq ft
Time on market
143 days
Year built
1978
Monthly payment
About $4,413/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,325 annual tax bill, insurance.
Flood zone
Zone X,AE
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
Offer
What should I offer?
Have another question?
Keep exploring Florida
Pick up where you left off, or see what else is out there.






